1. Expensive countries make it easier to spend less.

As counterintuitive as it sounds, being in a country with a high
cost of living forces travelers to seek out the most affordable
options.

"In Europe I'd go camping and couchsurfing all the time out of
necessity, but here in Asia I'd happily pay for accommodation,
because it's cheaper,"
he writes. "But of
course that adds up and in the end I pay more."

5. Look for out-of-the way destinations.

Anyone looking to travel on a budget should look for places that
have little to no tourism, Schroeder told Business Insider.

"It's not so much about the destination itself, but that the
people living there will perceive you differently," he explains.
"If the locals are used to rich westerners that spend a lot of
money, they see you as a business opportunity. But if they barely
come in contact with foreigners, then their curiosity wins and
you will get a much more personal contact. You will be a guest,
not a walking ATM."

Destinations that he recommends include the Andaman Islands,
Zimbabwe, Mozambique, Djibouti, Guyana, Suriname, and French
Guiana.

6. Get worldwide health insurance.

He told Business Insider that he pays 300 euros (approximately
$334 USD) per year for a worldwide plan that allows him to
visit a doctor in any country that he's visiting, just in case
something goes wrong.

7. Carry enough cash for a month.

Once you get off the beaten tourist track, you probably won't be
able to use your credit card.

Schroeder makes sure to enough enough cash on hand to cover a
month's worth of expenses — which, on his $15-a-day budget, comes
to $450. Although carrying large amounts of cash can be risky,
he writes, "The
world is far safer than most people assume."

He told Business Insider that he's gone through six bikes in the
past eight years while traveling and paid 800 euros (~$892 USD)
for the first, 100 euros (~$111 USD) for the second, and 400
euros (~$446 USD) for the third.

Since then, he's attracted sponsors, and got his last three bikes
for free.

And since bicycling doesn't cost anything, he can spend most of
his daily budget on food.

9. The hardest part is leaving your comfort zone.

Once you're on the road, living without familiar luxuries becomes
easy, Schroeder says. But getting out of your routine to start
traveling can be a challenge, particularly when it mean giving up
creature comforts. "As a huge nerd, the hardest thing to give up
was my gaming PC and fast internet connection," he told Business
Insider, adding that he also misses having access to western
supermarkets and a refrigerator. He
wrote on Reddit that he periodically returns home to Germany,
but tries to keep those visits short. "When I start treating
luxuries like a kitchen, running hot water, fast internet, etc as
standard, THEN I LEAVE."